Nazara Technologies Limited informs the Exchange regarding Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Update on acquisition of equity shares of Moonshine Technology Private Limited.
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Nazara Technologies has informed the exchanges that the timeline for acquiring the remaining 0.96% equity stake (38,073 shares) in Moonshine Technology Private Limited (MTPL) from I3 Interactive Inc has been extended to August 31, 2025. This is a follow-up to earlier disclosures dated April 16, 2025, and is based on the original Share Purchase Agreements signed on September 12, 2024 with multiple sellers including PSM Group, Bellerive Capital, and certain individuals. The extension pertains only to the final small tranche of the acquisition, indicating that the bulk of the deal has already been completed. Nazara is consolidating its full ownership of MTPL.
This is a minor procedural update for shareholders — just a deadline extension for the last sliver (under 1%) of an already-announced acquisition. No fresh investment, new consideration, or material change to the deal size is disclosed, so the impact on Nazara's stock or financials is expected to be negligible.